Dual Listing Frankfurt Stock Exchange

The Frankfurt Stock Exchange (FSE) is one of the leading European exchange. Internationally known for its 30 DAX listed companies, such as for example Adidas, BASF, BMW, Daimler, Lufthansa, Siemens and Volkswagen, the FSE is operating also the Open Market with more than 8,000 foreign listed companies such as Apple, Barrick Gold, BHP, Coca-Cola, Google, Microsoft, Nestle, Rio Tinto and Royal Dutch Shell, to name a few.

Open MarketThe Open Market is a regulated exchange market and not an organised market in the meaning of the German Securities Trading Act. Unlike the Regulated Market (DAX & Co.), which is subject to public law, the Open Market is subject to private law.

The General Terms and Conditions of Deutsche Boerse AG for the Regulated Open Market on Frankfurter Stock Exchange regulates the conditions for admission to and the follow-up duties for securities in the Open Market segment. Admission to the Open Market is possible for securities that are neither admitted to trading on the Regulated Market nor included in trading on the Regulated Market. In the Open Market segments of the FSE alongside German shares, it is primarily foreign shares, German and foreign bonds, certificates and warrants that are traded. Equities from over 60 different countries are traded in the Open Market segment.

Issuers and participants in the Open Market are subject to lower transparency requirements than in the Regulated Market. The Open Market segment is therefore an attractive alternative in particular for smaller and medium-sized companies and comparable with the Alternative Investment Market (AIM) of the London Stock Exchange.

Quotation BoardAccess to the Quotation Board is possible for securities that are neither admitted to the Regulated Market of FSE nor included in trading in the same Regulated Market. In addition to bonds and funds, only shares are included in the Quotation Board which are already admitted to another exchange trading venue recognised by Deutsche Boerse AG inside or outside Germany.​In the case of the Quotation Board, the applicant is the member filing the application who shall also be a Specialist in the "Continuous Auction" trading model. As of inclusion, the member filing the application undertakes to provide information on capitalisation measures and other relevant information to Deutsche Börse AG without delay.The Quotation Board is a segment of the Open Market. The regulations for inclusion of securities on the Quotation Board are set out in the General Terms and Conditions of Deutsche Boerse AG for the Open market on FSE.

Dual listing on the FSE (Open Market)If your company is already listed on an eligible stock exchange, such as the ASX, TSX or TSV-Venture, a dual listing on the Frankfurt Stock Exchange quotation board will allow your company to gain exposure into Germany and Europe. This is especially useful for companies that are currently listed outside of Europe.

In order to dual list on the Frankfurt Stock Exchange Quotation Board, companies must already trade on a exchange approved by the Frankfurt Stock Exchange as a "like" exchange. Such companies are eligible to conduct a Frankfurt Stock Exchange dual listing without going through the normal primary listing procedures and without filing a prospectus.The ability to dual list on the Frankfurt Stock Exchange via the Quotation Board is therefore much faster (only a few weeks) and much more affordable than a normal first listing.

AXINO can assist your company in finding a Specialist for the application of your company's listing on the Quotation Board of the FSE (Open Market).

XETRA

The Xetra trading platform is one of the most internationally connected trading platforms in the world. This is why the Frankfurt Stock Exchange is one of the most liquid in the world. Please note that the Xetra trading platform is accessible to Hong Kong and the United Arab Emirates as well as other EU participants. This expanded connectivity opens the trading up to a huge universe of potential investors.

Tradegate

Stuttgart Exchange

The Tradegate Exchange ​is a securities exchange geared to the needs of private investors, providing them with real-time price data and enables trading in more than 6,000 equities and ETPs, 1,500 bonds and 1,500 funds, and runs on all exchange trading days from 8 a.m. to 10 p.m. Market Specialists provide continuously valid prices and orders are on principle executed immediately and completely.

The Stuttgart Stock Exchane is Germany’s leading exchange for retail investors. ​In Stuttgart, investors can trade efficiently and at reasonable prices in equities, securitised derivatives, investment funds and participation certificates. Boerse Stuttgart is also the leading German floor-trading exchange, with approximate 35 percent market share regarding the order book turnover.

We invite you to read through our website and check out our references!

About AXINO

AXINO has more than 25 years of experience in the global equity market and is the leading German consulting group in the mining & energy sector.​We are the Resource Community!